Common use of Bankruptcy, Insolvency or Reorganization Proceedings Clause in Contracts

Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1.11 [Relief Proceedings] shall occur, the Lenders shall be under no further obligations to make Loans hereunder and the unpaid principal amount of the Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrowers to the Lenders hereunder and thereunder shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Appears in 1 contract

Samples: Credit Agreement (RPM International Inc/De/)

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Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1.11 9.1.14 [Relief Proceedings] shall occur, the Lenders shall be under no further obligations to make Loans hereunder and the unpaid principal amount of the Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrowers Borrower to the Lenders hereunder and thereunder under the other Loan Documents shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Appears in 1 contract

Samples: Credit Agreement (New Jersey Resources Corp)

Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1.11 9.1(l) [Relief Proceedings] shall occur, the Lenders shall be under no further obligations to make Loans hereunder and the unpaid principal amount of the Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrowers Borrower to the Lenders hereunder and thereunder shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Appears in 1 contract

Samples: Credit Agreement (Ipalco Enterprises, Inc.)

Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1.11 9.1.12 [Relief Proceedings] shall occur, the Lenders Lender shall be under no further obligations to make Loans hereunder and the unpaid principal amount of the Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrowers Borrower to the Lenders Lender hereunder and thereunder shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Appears in 1 contract

Samples: Term Loan Credit Agreement (New Jersey Resources Corp)

Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1.11 8.1.12 [Relief Proceedings] shall occur, the Lenders shall be under no further obligations to make Loans hereunder and the unpaid principal amount of the Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrowers Borrower to the Lenders hereunder and thereunder shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Appears in 1 contract

Samples: Credit Agreement (MSA Safety Inc)

Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1.11 [Relief Proceedings] shall occur, the Lenders shall be under no further obligations to make Loans hereunder and the unpaid principal amount of the Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness Obligations of the Borrowers Borrower to the Lenders hereunder and thereunder shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Appears in 1 contract

Samples: Credit Agreement (Handy & Harman Ltd.)

Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1.11 9.1.14 [Relief Proceedings] shall occur, the Lenders shall be under no further obligations to make Loans hereunder and the unpaid principal amount of the Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrowers Borrower to the Lenders hereunder and thereunder shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Appears in 1 contract

Samples: Credit Agreement (New Jersey Resources Corp)

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Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1.11 8.1.12 [Relief Proceedings] shall occur, the Lenders Lender shall be under no further obligations to make Loans hereunder and the unpaid principal amount of the Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrowers Borrower to the Lenders Lender hereunder and thereunder shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Appears in 1 contract

Samples: Credit Agreement (Erie Indemnity Co)

Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1.11 8.1.11 [Relief Proceedings] shall occur, the Lenders Lender shall be under no further obligations to make Loans hereunder and or to issue Letters of Credit and the unpaid principal amount of the Loans then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrowers Borrower to the Lenders Lender hereunder and thereunder shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Appears in 1 contract

Samples: Credit Agreement (DSW Inc.)

Bankruptcy, Insolvency or Reorganization Proceedings. If an Event of Default specified under Section 9.1.11 [Relief Proceedings] 9.1.14 or 9.1.15 shall occur, the Lenders Lender shall be under no further obligations to make Loans hereunder and the unpaid principal amount of the Loans Note then outstanding and all interest accrued thereon, any unpaid fees and all other Indebtedness of the Borrowers Borrower to the Lenders Lender hereunder and thereunder shall be immediately due and payable, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived; and

Appears in 1 contract

Samples: Credit Agreement (Grubb & Ellis Co)

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